×
1 853
Fashion Jobs
TK MAXX
Loss Prevention Officer - tk Maxx Bristol
Permanent · Bristol
LONDON CONTOUR EXPERTS
Marketing Executive/Junior Manager
Permanent · LONDON
ESTÉE LAUDER
Tom Ford - Business Manager - Flannels - Fosse Park, Leicester - 37.5 Hours - Full-Time - Permanent
Permanent · Leicester
VF INTERNATIONAL
International Account Coordinator - Ftc 12 Month
Permanent · NOTTINGHAM
TIMBERLAND
Credit Controller - German Speaking - Timberland
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - Italian Speaking - The North Face
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - French Speaking - The North Face
Permanent · CALVERTON
PINKO
Supervisor
Permanent · MANCHESTER
RALPH LAUREN
Operations Manager
Permanent · Cheshire
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis - 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - Sprucefield - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Maidstone - 15 Hours - Part Time, Permanent
Permanent · Maidstone
ESTÉE LAUDER
Clinique - Consultant - Boots, Princes Street, Edinburgh - 14 Hours - Part Time - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
HUGO BOSS
Wholesale - Senior Sales Executive - Hugo Womenswear
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Edinburgh - 16 Hours - Part Time, Permanent
Permanent · Edinburgh
SHISEIDO
Marketing Director - Shiseido, Clé de Peau Beauté, Drunk Elephant
Permanent · London
REISS
Buying Admin Assistant
Permanent · LONDON
Advertisements
Published
Sep 27, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Brodie & Stone is latest Creightons acquisition after Emma Hardie

Published
Sep 27, 2021

Busy beauty and personal care products maker Creightons has made its second acquisition in as many months. This time it’s snapped up personal care products maker Brodie & Stone for £4.8 million, “to further strengthen our position” in UK supermarkets.


Brodie & Stone


The deal includes both Brodie & Stone Holdings (BSH) and its subsidiary, Brodie & Stone International (BSI). The purchase price includes £3.7 million in cash and the issue of 1,000,000 ordinary shares of 1p each. The deal is expected to become effective on or around 1 October.

Brodie & Stone sells products under the T Zone, Natural World and Janina brands, primarily to retailers in the UK market. Most recently available accounts of BSH and BSI to 31 December 2020 showed turnover of £5.8 million, with profits before tax of £0.5 million.

“The transaction represents a further important development for Creightons plc following the acquisition of Balance Active Formula from Brodie & Stone in June 2019 and the recent [July] acquisition of Emma Hardie Limited”, Creightons said in a stock market release on Monday.  

Creightons added: “The Balance Active Formula brand has been very successful in driving significant growth and improved margins in the branded division with existing and new customers both in the UK and in international markets. 

“The intention is to repeat the success of that acquisition with T Zone, Natural World and Janina. These brands are placed well in the company's core market position and therefore, enhance the current brand portfolio by strengthening the coverage and category presence with key mainstream retailers in the UK market, in the core performing categories of both skincare and haircare".  

Creightons also noted there were “significant opportunities for extending distribution, particularly in international markets.  The brands provide good vehicles through which product innovation can be harnessed and delivered quickly to the consumer. 

Both manufacturing and management synergies will drive a higher return in the brands".

MD Bernard Johnson also said the latest purchase “is further evidence of our ambition and commitment to expand our branded business as announced during our recent investor presentation”.

Following its latest trading statement in July, Creightons said it was in an “excellent position to take advantage of any new opportunities”, including “being open to the acquisition of new brands with a digital presence”.

Copyright © 2021 FashionNetwork.com All rights reserved.